Glorious Property Holdings (STU:GI0A) Inventory Turnover: 0.09 (As of Jun. 2024)

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STU:GI0A Glorious Property Holdings Ltd STU:GI0A
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What is Glorious Property Holdings Inventory Turnover?

Glorious Property Holdings STU:GI0A 4 Inventory Turnover is 0.09 as of Jun. 2024. GuruFocus rates STU:GI0A with a GF Score™ of 4/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Glorious Property Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was €197.9 Mil. Glorious Property Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was €2,155.7 Mil. Glorious Property Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Glorious Property Holdings's Days Inventory for the six months ended in Jun. 2024 was 1,987.42.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Glorious Property Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 7.23.

Glorious Property Holdings  (STU:GI0A) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Glorious Property Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=2155.6525/197.948*365 / 2
=1,987.42

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Glorious Property Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=2155.6525 / 297.967
=7.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Glorious Property Holdings Inventory Turnover Related Terms

Glorious Property Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Glorious Property Holdings's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Glorious Property Holdings Inventory Turnover Chart

Glorious Property Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.08 0.23 0.12 0.10

Glorious Property Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.11 0.02 0.10 0.09
STU:GI0A
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Glorious Property Holdings Ltd STU:GI0A
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Glorious Property Holdings Inventory Turnover Calculation

Glorious Property Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=231.979 / ((2516.877 + 2229.23) / 2 )
=231.979 / 2373.0535
=0.10

Glorious Property Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=197.948 / ((2229.23 + 2082.075) / 2 )
=197.948 / 2155.6525
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.09 mean?
Glorious Property Holdings (STU:GI0A) has a Inventory Turnover of 0.09 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Glorious Property Holdings and its competitors.
Is Glorious Property Holdings' Inventory Turnover too high?
Glorious Property Holdings' current Inventory Turnover is 0.09. Overall, Glorious Property Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Glorious Property Holdings' Inventory Turnover compare to competitors?
Glorious Property Holdings' Inventory Turnover of 0.09 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Real Estate company?
A good Inventory Turnover depends on the Real Estate industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Glorious Property Holdings and its competitors. Glorious Property Holdings's current Inventory Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glorious Property Holdings stock overvalued right now?
Glorious Property Holdings (STU:GI0A) has a current Inventory Turnover of 0.09. The current Inventory Turnover is 0.09. Glorious Property Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Glorious Property Holdings (STU:GI0A), the current Inventory Turnover is 0.09 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Glorious Property Holdings Business Description

Address 50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.
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